thinks, julia. >> yeah, moffitt is one of the of the leading analysts.he obvious solution to this new tougher phase three of the streaming wars is consolidation. at the same time he says he doesn't see consolidation on the horizon this year. the company is under pressure. on one hand you're seeing cord cutting of the traditional paid tv ecosystem and on the other hand so much competition in the streaming space these companies are under pressure to continue to invest in content but that's what's hurting their margins, so there's going to be a lot more decision making about where they should invest and also pricing i think it's worth noting he said the increase in pricing among disney plus did impact signups at least based on their estimates. so it's going to be fascinating to see some of these streaming numbers and specifically commentator for me, what i'm most interested in commentary about ad supported streaming and we'll start to see those results when netflix reports next week >> yeah, we spoke to another analyst in the show who picked amazon to benef

abc7news was at moffitt federal airfield as the president and air force one touched down before noon. his tour today is taking him to watsonville and capitola, some of the hardest hit areas. he is in capitola right now speaking. let's listen in. pres. biden: there are going to be seven centers open across the state and fema is going to employ disaster resistance teams to communities who need them the most. you can go to the fema website to find that location. as i have set on other disasters, the key is not just link back, it is building back stronger. since i became president, we have spent $9 billion in disaster assistance to california for the extreme weather events. $9 billion. these weeks have shown the compounding effects of the disasters. for example, places that were ravaged by past wildfires are at a higher risk of landslides. extreme weather risks caused by climate change names more extreme storms, intense drought, longer fire seasons, all of which threaten california. we have to invest in stronger infrastructure to lessen the impacts of these disasters as they become cumula

the days events off to an earlier than planned start as air force one landed at moffitt federal airfield. president biden greeted by governor gavin newsom, alex padilla, anna eshoo. speaking with reporters moments after biden arrived, relaying the message she gave him about the damage done in her district. >> heavy and costly damage. these are costs that no individual can afford to pick up themselves. you would have to be extort merrily wealthy to afford that. i spoke to him about f fema director that is really outstanding. so i delivered my message. reporter: biden was back up in the air on marine one, joined by newsom and padilla, flying from santa clara county to santa cruz county. the leaders taking an aerial tour of the damage. this video showing of birdseye view of capitola. after that, the president landed at watsonville municipal airport. it was time to see the damage from the ground level. speaking with a capital business owners we force -- first spoke with. >> we did an aerial tour of the damage. unlike when we did the aerial tour of a fire, it's not as obvious from the air jus

flight had crashed into a mountain near the capital. 99 passengers and 14 crew members died short. moffitt is an aviation analyst. he says that the pool has a poor air safety record. they actually recently and we had 5 across now they've only got full and so they're not a very big line. but in general terms and nepali alons are not thought of globally as being particularly safe. in fact, no airline from nepal is allowed to fly into the european union because of their safety record. and it does appear though that the aircraft stoled and that's the ation term for when you lose lift from the wings. and usually you lose one wing before the other, which is what seems to have happened here. the aircraft was pointing upwards, and then one wing the left wing drops and it then spirals into the ground, which suggests that the left wing had indeed stole. that's to say, and the asian term for running out of lift when it's not got enough airflow over the wing surface. they seek part of training for all pilots to be able to cope with stoles, and to recover from them, and particularly not to get into a s

or you think, if you have a c-section, like i, did they just moffitt up before they so you back up. not so different from a dentist after they remove a tooth, but no. her body spent ten months building a home for another, life and it takes weeks for that home to dislodge in pieces and flood down a swollen mississippi of bodily fluid. six weeks at least, i'm sorry, gentlemen. i'm so sorry. most of you are married, you get it. >> i forgot this was in here, actually, i'm sorry i recommended it. >> they do tell you that a doctor's visit, or you read about it in some book with a contented goddess on the cover. but nothing quite ready for what actually comes out. they say it's like a really heavy period, that is being cute about it. what comes out is not cute. there will be blood, there will be tissue, there will be clots, golf ball sized or normal baseball sized or not. i thought about telling vice president harris the, truth making a joke of it, all telling her what i happen to be in the middle of doing. maybe that would have been the right move. but my professional filter kicked in. it

president biden officially arrived here in california just before noon at moffitt airfield in santa clara county. and from there the president to attract south to santa cruz county touring the coastal town of capital and then meeting with impacted business owners. there. >> the people in california, i say it again. the country is here for you. and with you. we are not leaving until things are built back and build back better than they were before. >> president biden says building back stronger will be possible in part to the major disaster declaration that he's signed for. the storm ravaged parts of our state. the bad weather is really hurt. san mateo county, hundreds were displaced and the major highway near half moon bay. it's still only one lane because of a sinkhole. there. this conference, theresa reports tonight. a local official says federal dollars that will help but note the need is immense. >> at double slide, a giant boulder came crashing down, blocking southbound lanes on highway one. a few miles away. a sinkhole on highway 92 continues to create hardships for residents and bu

i've just before noon landing here at moffitt, a win in taxied around. and then the president came down the steps was greeted by california governor gavin newsom, along senator padilla. they talked for a little while and then the president, the governor went over and they boarded what became marine one helicopter that then departed here and they're going to do an aerial tour. they're going to head south over santa clara county, then down to santa cruz. take a look at some of the flooding damage down there. the governor, the governor and president going to spend a few hours down there. and then at some point later this afternoon, we expect the president will return here offutt and depart headed back to washington, d.c.. so it's been a very exciting couple of hours here in mountain view as the president has arrived. but that's the very latest here in the south bay, charles clifford kron, 4 news. all right, charles, thank you so much for that live perspective. and that live shot of air force one. >> some residents in the east bay are worried about a wall of

about this i do is of course friend of the program former government adviser on energy security clive moffitten name those if he didn't predict this would happen. we've talked about what happen. we've talked about what happen when the weather got cold. explain to folks what's really going on. well, i think it's appalling, really. the is taken off all this time for the great to finally concede that it will become it's going to become normal for them to either voluntarily induce customers to cut off the demand all i suspect actually and force some form of regular blackout rates to actually balance supply and demand of electricity . and i demand of electricity. and i think it's a testament to the fact that successive governments, i think for 15 years now , have in their pursuit years now, have in their pursuit of decarbonisation of electricity system, have basically ignored the need to underpin new investments in energy and in particular the need to sustain gas for heating power in the 10 to 15 years. yes mean however bigger stock we have of wind turbines or solar panels we're always going to ne

about this i do is of course friend of the program former government adviser on energy security clive moffitten name those if he didn't predict this would happen. we've talked about what happen. we've talked about what happen when the weather got cold. explain to folks what's really going on. well, i think it's appalling, really. the is taken off all this time for the great to finally concede that it will become it's going to become normal for them to either voluntarily induce customers to cut off the demand all i suspect actually and force some form of regular blackout rates to actually balance supply and demand of electricity . and i demand of electricity. and i think it's a testament to the fact that successive governments, i think for 15 years now , have in their pursuit years now, have in their pursuit of decarbonisation of electricity system, have basically ignored the need to underpin new investments in energy and in particular the need to sustain gas for heating power in the 10 to 15 years. yes mean however bigger stock we have of wind turbines or solar panels we're always going to ne

. >> your point about ibm is a good one yesterday moffitt upgraded to market 140. >> that was lisa ellisof ibm. >> talking about i.t. intensity, the percentage of expenses in tech among u.s. corporates. >> she did the spinoff of tindrel. i don't know, it's been the low risk high dividend stock that people like in a period where we've fallen in love with the cyclicals and they don't like the etherials. what do you think of that? >> i love it, jim. is that what you wanted to hear? >> you heard it. >> there's the opening bell. city harvest serving the hungry in new york city i think at least jeffrey zakari is helping to ring the bell remotely they do incredible work. disc medicine, home ma t home mc disorders. >> lilly they didn't get the early nod. >> i looked at their study and they didn't do enough work they didn't have enough people and they didn't do it long enough they are eli lilly you respect eli lilly tremendously so it was a little surprising that said, it doesn't change the numbers and i want to reiterate why people are in lilly. they are in lilly because of a drug called nujaro